In the long-term, analysts think that the pullback in natural gas drilling activity may result in higher prices when the economy recovers and industries demand more fuel.
The Commodity Futures Trading Commission (CFTC) decision on position limits is still awaited. In the meantime, United States Natural Gas (NYSEArca: UNG) will begin issuing new shares on Sept. 28.
- First Trust ISE-Revere Natural Gas (NYSEArca: FCG): up 45.1% year-to-date
- United States Natural Gas (NYSEArca: UNG): down 50.8% year-to=date
For more information on natural gas, visit our natural gas category.
Max Chen contributed to this article.